SL Shippers’ Council organises seminar on international trade contracts

A seminar on minimising risks and ad-hoc charges in international trade contracts organised by the Sri Lanka Shippers’ Council of the Ceylon Chamber of Commerce will be held on 30 April 2013 from 2:00 p.m. to 5:30 p.m. at the EDB/NDB Tower, 3rd Floor Nawam Mawatha, Colombo 02.

The areas to be covered are: fundamentals of international trade contracts and international commercial terms with recent changes; trade contracts and legal implication by PC K. Kanag Isvaran; Incoterms by Asia foundation local economic governance senior technical advisor Chula Rajasuriya and maximising profitability in trade transaction by HNB Trade and International AGM Nilam Jumat. Currently there are many trade disputes, unfair and unrealistic trade practices where importers and exporters lose their profits rapidly. Mainly, the issues are provoked either with their trading partner contracts or with 3P service provider agreements. Due to strict timelines in international trade transactions, the involved parties have to take more aggressive and distinct decisions to sustain in the industry.

Sri Lanka Shippers’ Council has continuously been working on these areas playing a vital and a leading role to educate the importers and exporters, in this aspect. In this process, Sri Lanka Shippers’ Council takes the initiatives to hold sessions of this nature enabling the trade to establish safe transactions. For further information contact the Secretariat of the Sri Lanka Shippers’ Council, the Ceylon Chamber of Commerce on 0115 588 880/ 0115 588 871.